Housing starts fall in August
Housing starts decreased by 8.5% in August from the month prior and 6% from last year, the Commerce Department reported.
Economy
Industrial production edged up in August
Industrial production increased 0.1% in August from the previous month, the Federal Reserve reported. The August figure was up 0.9%...
Home builder confidence unchanged in September
Builder confidence in the market for single-family homes in held steady September at 32, according to the NAHB/Wells Fargo Housing...
Business inventories rise in July
Business inventories in July came in at $2.67 trillion, up 0.2% from the month prior and up 1.5% from a...
Retail sales rise in August
Retail and food service sales for August were $732 billion, up 0.6% from the previous month, the Commerce Department said...
Senate confirms Miran to Fed board
The Senate voted to confirm the nomination of economist Stephen Miran for an open seat on the Federal Reserve board.
Preliminary: Consumer sentiment fell 2.8 points in September
Consumer sentiment edged down 2.8 points in September to 55.4, down 14.7 points from one year ago, according to preliminary...
ABA DataBank: Rate forecasts solidify following August CPI
Market consensus on the probability of a 25 basis point cut in the target fed funds rate strengthened following the...
FSOC ends review of climate change risk
The Financial Stability Oversight Council voted to rescind the charters of two committees formed to advise the council on climate-related...
Mortgage rates drop
The rate for a 30-year fixed-rate mortgage was 6.35%. The rate for a 15-year fixed-rate mortgage was 5.5%.
